Some homes for sale in Greenwich sit on the market for an extended period of time - and go through several price reductions - before they find a new owner. Other homes hit the market and get snatched up quickly. Sometimes it's just a matter of offering the right price for the time and location.
What else can help move a home? Excellent views. proximity to schools/highways/businesses. Upgraded amenities.
Marketing prowess can definitely play a role. Staging. Pro-level photography. Drone video. These days, we're even seeing virtual reality home tours creating a buzz - 3D, 360°, photo-realistic home renderings - the stuff of the future.
Other times, an element of luck helps the home move quickly. A motivated buyer happens to glance in the direction of a yard sign on the very day it's placed out - and the magic happens.
This week's Featured Recently Sold Property, is an example of a home that sold quickly: a classic Pre-War Colonial on Lake Drive South in Riverside.
What, do you think, are the elements that helped this home sale close in expedient fashion?
For one, the home has a covered front porch, a gracious center hall foyer and plenty of flexible living spaces. A need for extra bedrooms. Check. Prefer an extra office. Check.
There are also formal living and dining rooms, a quiet office, an updated kitchen which opens to a sunny family room, as well as a lower level playroom, laundry room and cedar closet - which all add to the square footage.
The lakeside Riverside location is attractive for multiple reasons - not the least of which is the convenience to train, schools, and the Yacht Club.
10 Lake Drive South, Riverside, CT 06878
4 beds, 3.5 baths, 2,853 sqft
LISTED: 7/8/2016 @ $1,875,000
SOLD: 9/15/2016 @ $1,800,000
Greenwich Area Open House Properties for September 24-25
Additional Select Recently Sold Greenwich Properties - September 15 through September 21, 2016
20 Rockland Place, Old Greenwich CT 03870
4 beds, 2.5 baths, 3,097 sqft
LISTED: 5/18/2016 @ $1,975,000
REDUCED: 7/4/2016 @ $1,895,000
SOLD: 9/15/2016 @ $1,825,000
1333 King Street, Greenwich, CT 06831
5 beds, 6.5 baths, 6,579 sqft
LISTED: 1/4/2016 @ $2,700,000
SOLD: 9/15/2016 @ $2,600,000
87 Orchard Drive, Greenwich, CT 06830
4 beds, 3.5 baths, 3,167 sqft
LISTED: 4/6/2016 @ $2,495,000
REDUCED: 5/6/2016 @ $2,395,000
SOLD: 9/15/2016 @ $2,255,000
Disclaimer: Information harvested from publicly available sources